• What is the global sunflower oil market size?
  • The global sunflower oil market size was USD 21.95 billion in 2023 and is projected to grow from USD 23.29 billion in 2024 to USD 37.74 billion by 2032 at a CAGR of 6.22% over the forecast period (2024-2032). Europe dominated the sunflower oil market with a market share of 33.62% in 2023.
  • Which country produces the most sunflower oil in the world?
  • The following are notable findings from the data: With a production volume of 4.4 million tons, Ukraine tops the chart as the world’s leading sunflower oil producer, followed closely by Russia at 4.1 million tons. These two countries together account for a vast proportion of the global sunflower oil output.
  • Is sunflower oil production geographically concentrated?
  • A closer look at global production statistics reveals that sunflower oil production is geographically concentrated, with few countries contributing to the lion’s share of the overall output. Recent data on global sunflower oil production shows fascinating insights about the diversity and concentration of production.
  • How much sunflower oil is produced in 2022-23?
  • According to the National Sunflower Association, it is estimated that the U.S. sunflower oil production reached 252 metric tonnes in the marketing year 2022-23, an increase from 163 million tonnes in the marketing year 2019-20. The increasing sunflower oil production for culinary purposes is driving the market during the upcoming years.
  • What is sunflower oil used for?
  • Sunflower oil remains a significant player in the global vegetable oils market, owing to its diverse applications in food, cosmetics, and the biodiesel industry.
  • Why is the sunflower oil market growing?
  • The rising trend of high-value food worldwide owing to rapid urbanization and improving education levels is likely to support the Sunflower oil market growth. Furthermore, sunflower oil producers in the global market, especially from Asia Pacific, are developing novel products fortified with vitamin A and other nutrients.